Indian markets cool off after recent highs
After a strong run, Indian stocks took a breather on Friday—Sensex slipped 64.77 points to 85,641.90 and Nifty 50 ended at 26,175.75, down 27.20 points.
The rally had been driven by solid Q2 GDP numbers and exceptional strength in the banking sector, but profit-taking kicked in.
Why should you care?
Big foreign investors (FIIs) are pulling some money out, which is making the market more cautious.
Early December trading showed mixed signals: Bajaj Finance dropped 2%, while TMPV gained 2%.
If you're watching the markets or thinking about investing, these shifts matter.
What's next?
This pause hints at a consolidation phase as people rethink their moves amid changing foreign capital flows.
Keeping an eye on where global money is going and how different sectors are performing can help you read the market's next steps.